Now that we're almost a full month into 2018, we can look back at the end of 2017 and get some perspective on the year. Overall, 2017 was a great one for existing-home sales. It was up 1.1% from last year and was the best year for sales since 2006. One interesting part of the [...]
Was the U.S. housing market something you said you were thankful for at the Thanksgiving table? If not, it should have been! According to Realtor.com, sales in November were 3.8% higher than a year ago and were at their strongest pace since December 2006. The regions with the lowest median home prices also saw the [...]
In September, we saw existing home sales rise for the first time in three months. Then, in October, the market got even hotter with existing home sales increasing to their strongest pace since earlier this summer. However, supply and demand weren’t quite in sync—there were fewer closings on an annual basis for the second straight month due to supply shortages.
Looking for a new home? We can give you a step by step path to follow. Most often a prospective homebuyer’s first question is, “How much can I afford?” The answer many lenders provide better answers the question, “How much can I borrow?” Many lenders only consider what you are able to pay each month, then tell you how much you can borrow.
Fast Facts About the Housing Market for September 2017
Could your home benefit from these small projects?